The Resource Costs and Benefits of Price Stability: An Assessment of Howitt's Rule
Costs and Benefits of Price Stability: An Assessment of Howitt's Rule
Resource Information
The item Costs and Benefits of Price Stability: An Assessment of Howitt's Rule represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in Bowdoin College Library.This item is available to borrow from 1 library branch.
Resource Information
The item Costs and Benefits of Price Stability: An Assessment of Howitt's Rule represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in Bowdoin College Library.
This item is available to borrow from 1 library branch.
- Summary
- Assuming inflation affects both the level and growth rate of output, the author states Howitt's Rule and explains how it argues for a continued policy of moderate inflation. Next, alternative estimates of the costs of achieving price stability are analyzed, and then those costs are compared with estimates of the gain from achieving price stability when inflation reduces the level or growth rate of output. Finally, the cross-section and time-series evidence on the effects of inflation on output growth is reviewed
- Note
- 1159
- Label
- Costs and Benefits of Price Stability: An Assessment of Howitt's Rule
- Title
- Costs and Benefits of Price Stability: An Assessment of Howitt's Rule
- Summary
- Assuming inflation affects both the level and growth rate of output, the author states Howitt's Rule and explains how it argues for a continued policy of moderate inflation. Next, alternative estimates of the costs of achieving price stability are analyzed, and then those costs are compared with estimates of the gain from achieving price stability when inflation reduces the level or growth rate of output. Finally, the cross-section and time-series evidence on the effects of inflation on output growth is reviewed
- http://library.link/vocab/creatorName
-
- Thornton, Daniel L
- Inter-university Consortium for Political and Social Research [distributor]
- Label
- Costs and Benefits of Price Stability: An Assessment of Howitt's Rule
- Note
- 1159
- Control code
- ICPSR01159.v1
- Governing access note
- Access restricted to subscribing institutions
- Label
- Costs and Benefits of Price Stability: An Assessment of Howitt's Rule
- Note
- 1159
- Control code
- ICPSR01159.v1
- Governing access note
- Access restricted to subscribing institutions
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.bowdoin.edu/portal/Costs-and-Benefits-of-Price-Stability-An/C6Lc_y4WUdc/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.bowdoin.edu/portal/Costs-and-Benefits-of-Price-Stability-An/C6Lc_y4WUdc/">Costs and Benefits of Price Stability: An Assessment of Howitt's Rule</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.bowdoin.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.bowdoin.edu/">Bowdoin College Library</a></span></span></span></span></div>
